We take a look at the main financing rounds in the fashion sector, which is very active in M&A. In addition, we analyse the third round of funding for 21 Buttons, a Spanish app that helps instagrammers monetise their activity.
Private equity fund Quantum CP sells technology solutions company Eltec IT to Esare Sistemas
Quantum Capital Partners exits Eltec IT, a company specialising in technology solutions for IT infrastructures, after an intense turnaround process. The company has been acquired by Esare Sistemas, a Spanish ICT group.
LetGo, the app to buy and sell goods locally, raises $100M in a funding round
The investment round, which was led by Naspers Limited, one of the world's leading Internet and multimedia companies, brings LetGo's valuation to $1,000M, double that of rival Wallapop.
LogTrust, the Spanish Big Data group, raises €29.8M in second round of investment in 2017
Spanish Big Data analytics company LogTrust closes a new €29.8M investment round, led by Kibo Ventures and new investor Insight Venture Partners.
Felix Capital invests in technology and creativity with new €131M investment fund
London-based private equity firm Felix Capìtal closes a second €131M investment fund to double its bet on the creative class of digital brands and B2B eCommerce and marketing technologies.
We analyse Altia, the only IT consultancy firm on the Alternative Stock Exchange Market
Altia, which has been listed on the MAB since 2010, offers IT consultancy services and ICT solutions for the industrial, financial, services, telecommunications and public administration sectors.
Vipera acquires Spanish technology solutions company SoftTelecom for €1.3m
UK mobile financial services company Vipera has acquired Spain's SoftTelecom Desarrollos I Mas D (SoftTelecom), which specialises in software solutions for banking customers, for €1.3 million.
Ricoh acquires Techno Trends, a Spanish company specialising in remote business solutions
Japanese multinational Ricoh buys the 100% from Techno Trends, a leading provider of meeting room, telepresence and unified communications solutions, strengthening its digital workplace transformation business.
Private equity fund GPF Capital closes its first exit in Acuntia
GPF Capital, a private equity fund focused on Spanish SMEs, sells 85% of the shares of Acuntia, an ICT company, to Vinci Energies España. The remaining capital will remain in the hands of the company's senior management.
Valencian startup Sales Layer raises €1.2M in its second round of funding
Sales Layer, a startup specialising in Product Information Management, raises €1.2M in a funding round led by investment funds Swanlaab Venture Factory and Global Omnium.
Abra Invest joins Baker Tilly, the world's 9th largest professional services network
On 1 September 2017, Abra Invest formalised an integration agreement with the international professional services network Baker Tilly International, the world's 9th largest network in terms of turnover according to the International Accounting Bulletin (IAB), with offices in more than 150 countries...
Spanish FinTech startup Billin receives €1.5M in new investment round
Billin, the Madrid-based company that offers an invoicing management platform dubbed "the dropbox of invoices", has closed a €1.5M investment round backed by Kibo Ventures, K Fund, and business angel Carlos González Cadenas.